Chakrapani Insider Trading

"Blue horseshoe loves Anacot Steel"
"Blue horseshoe loves Anacot Steel"

The Securities and Exchange Commission charged Ramesh Chakrapani with insider trading. Chakrapani was an employee of the Blackstone Group.

The SEC alleges that Chakrapani tipped off a friend about the pending acquisition of the supermarket company Albertson’s Inc. before the public announcement of the deal in January 2006.

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